South Africa is in the dark. Literally. The country is going through its worst power crisis ever, with frequent and severe power cuts, also known as load shedding. And it’s taking a toll on businesses, regardless of their size. MultiChoice Group, South Africa’s top pay-TV operator, recently released its annual financial results. And the report …
Japa Syndrome in Nigeria dates back more than three decades ago when the country began to record an increase in migration of its health workers to Europe and America. But the term Japa wasn’t associated with migration until early 2020 when the country gradually started to experience partial, and eventually, full-blown migration of talents, especially …
27-year-old tech bro, Josiah Sinebe doesn’t mind moving back in with his parents. It’s a perk that comes with working a remote tech job. That perk has proved convenient with the current hike in fuel prices in Nigeria. “In the last few weeks, I spent more than double what I would previously spend on the …
The Sterling One Foundation is pleased to announce that it will be hosting the second edition of the Africa Social Impact Summit (ASIS) between the 10th and 11th of August 2023 in Lagos, Nigeria, alongside corporate and development partners. Following the successful implementation of some of the solutions put forward to tackle key African challenges …
The Dangote Group is a Nigerian multinational conglomerate that dominates several industries within the country and Africa as a whole. The Dangote Group has over the years sustained its market leadership in Cement Manufacturing, Sugar Milling, Sugar Refining, Port Operations, Packaging Material Production, Salt Refining Flour Production, Real Estate and most recently, Oil and Gas amongst …
RedCloud, has today announced a major milestone. In just 12 months, it has passed a trading volume of $500m in a single territory – Nigeria. Known for its mission to enable commerce everywhere, RedCloud seeks to support emerging markets by digitally connecting FMCG brands, distributors, and merchants, providing them with the technology they need to …
Lagos Leather Fair, the leading leather trade event in Africa and initiative of Femi Olayebi, CEO, Femi Handbags, has further advanced the growth of leather industry in Nigeria and Africa, at its recently concluded 6th edition. The 2-day event which held at Balmoral Convention Centre, Lagos from 17 – 18 June, hosted over 3000 industry …
Olam Agri in Nigeria, a leading agribusiness in food, feed and fibre, has been recognised for its impactful sustainability investment. The agribusiness’ Seeds for the Future (SFTF) initiative emerged as a Sustainability Initiative of the Year at the African Food Awards 2023, held on June 16 in Nairobi, Kenya. The Africa Food Awards recognises and …
Nigeria’s water crisis is a complex narrative of contrasts. While the country boasts of vast water bodies such as the Niger River and Lake Chad, a significant portion of the population struggles to access safe drinking water. It has been reported that Nigeria has approximately 60 million of its population living without access to basic …
Norwegian Investment Fund for developing countries, Norfund, recently organized its first stakeholder event in Nigeria which hosted key players across multiple industries in the private sector to provide an update on its activities in Nigeria and West Africa. The exclusive forum and luncheon held at Lagos Continental Hotel announced Norfund’s intention to increase investments in …